All posts tagged DATA SCIENCE

Analytics mean little if decision makers can’t understand the results. As a result, many companies are realizing that good analytics means good storytelling, CIO Journal Guest Columnist Thomas H. Davenport writes. One company has gone so far as to hire a journalist to explain what its analysts have discovered. “The key is to recognize the importance of simple and clear storytelling in the communication of quantitative analysis.” he writes. Read More »

As in past scientific revolutions, where new tools made possible new measurements, today’s data revolution, where we capture as data aspects of our lives never quantified before, promises to yield new insights. “Data is enabling us to better understand the world’s physical, economic and social infrastructures, as well as to infuse information-based intelligence into every aspect of their operations,” CIO Journal Columnist Irving Wladaswky-Berger writes. Read More »

Murli Buluswar, charged with making sense of the insurer’s massive data trove, says an interdependent relationship with CIO Philip Fasano is critical to ensuring Big Data insights can be put to use. Read More »

Recently, experts took an in-depth look at global living standards through the lens of data science, leveraging the vast data sources and methodologies of this emerging discipline. The results may be surprising for some. “In the end, what we measure guides the choices we make,” Guest Contributor Irving Wladawsky-Berger writes. In this case, the end result may eventually help serve as a roadmap for governments and other institutions looking to better the lives of their citizens. Read More »

Because while statistics can explain something happening now, data science aims to discover and extract actionable knowledge that can be used to make decisions and predictions, writes Guest Columnist Irving Wladawsky-Berger. And now, “given our newfound ability to gather valuable data on almost any topic,” he writes, data science “can now apply to softer disciplines like the health and social sciences.” Read More »

Over time Big Data and data science will help firms take data-driven decision-making to a whole new level, writes Guest Columnist Irving Wladawsky-Berger. But first, practitioners need to understand the context of each business process, and whether a decision affecting a given process is operational or strategic, complex or merely complicated— “This is all part of what makes data science such an important and exciting discipline,” he writes. Read More »

Human resources is joining a long list of corporate functions—sales, finance and marketing, to name a few—that have been transformed by new technologies such as analytics and automation. That might sound scary, but the founder of Pymetrics, a startup that uses neuroscience to assess the characteristics of job applicants, says technology can democratize the hiring process. Read More »

Good morning. Netflix competes fiercely with Amazon.com in the video-streaming market, yet boasts of being one of the cloud vendor’s biggest customers. At first glance, the arrangement seems like one of those oddball relationships that are as commonplace in Silicon Valley as sightings of Google Glass. Yury Izrailevsky, vice president of cloud computing and platform engineering at Netflix, tells CIO Journal that, “In this day and age, you’ll find that most big and important high tech companies manage to compete and collaborate at the same time.” Read More »

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